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$235,000

160 Richard Ln, Azle, TX, 76020

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,229 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.21 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesFire Pit, Lighting
Lot Size11,247 sqft

Building Information

Year Built1987
Stories1
Garage Spaces1

Land Information

APN10500-1-23
Lot Number23
SubdivisionEagle Mountain View Addition
Land UseResidential
Legal DescriptionEAGLE MOUNTAIN VIEW ADDITION BLOCK 1 LOT 23
Census Tract114203
Assessed Land Value$38,745
Assessed Improvement Value$183,251
Assessment Year2025

About this property

Minutes from Eagle Mountain Lake, this charming cottage is a great starter home or investment property. Located in an established neighborhood with mature trees. Great Schools are nearby. Kitchen is open to family room and has counter height breakfast bar. Covered patio looks out to over one-quarter acre lot with some trees and has plenty of room for kids toys and is great for entertaining. Fire pit and horseshoe stakes ready for your guests. Metal Roof and Metal Fence are approximately one year old. HVAC new 2021. Garage door new 2021. Water heater new 2021.

Investor Tools

Property Icon
$221,996
Estimated Property Value
$220,924Estimated Mortgage Balance
$2,591Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$503/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,930
$221,996
2025
$38,745
$183,251
$221,996
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,930
$221,996

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$220,924
Yes
First
Jun 5, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,405
$2,591
1%
99%
$1,391/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,391/mo
+$199/mo
8.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Azle

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160 Richard Ln | Property Details | No Agent List